This could be a recurring theme this morning
Posted on 11/30/2022 7:19:53 AM PST by Red Badger
Russian billionaire cryptocurrency investor Vyacheslav Taran died near the French-Italian border after his helicopter crashed, according to multiple reports.
Taran was riding in an Airbus H130 from Lucerne, Switzerland, to Monaco on Friday when it crashed in Villefranche-sur-Mer, the New York Post reported, citing radio network France Bleu.
The helicopter carrying Taran was owned by the company Monacair, Alexander Makogonov, head of press service for the Russian Embassy, told Russian news outlet TASS. The Russian Embassy in Paris has been in communication with Taran’s family, according to TASS.
“The Russian Embassy confirms the death of Vyacheslav Taran in a helicopter crash that occurred on Friday in the area of Villefranche-sur-Mer commune,” Makogonov said in a statement, according to the outlet. “Representatives of the Russian Consulate in Villefranche-sur-Mer are staying in touch with the family of the deceased to settle all administrative matters.”
As the Forex Club founder and president of the Libertex Group, Taran’s death adds to a string of recent deaths among important cryptocurrency figures, including Tiantian Kullander and Nikolai Mushegian, the New York Post reported.
Kullander, the co-founder of Amber Group, died in his sleep Nov. 23 at the age of 30, according to Amber Group’s in-memoriam posted on the company’s website. “It is with the deepest sadness and a heavy heart that we inform you of the passing of our friend and co-founder, Tiantian Kullander, who passed away unexpectedly in his sleep on November 23, 2022,” the notice titled “In Loving Memory of Tiantian Kullander” stated.
Nikolai Mushegian, an early founder of Maker DAO, was found dead from drowning Oct. 28 on a beach in Puerto Rico, according to the NY Post.
Poor guy. Wonder what’s going to happen to his money?
This could be a recurring theme this morning
All craptocoins are a Ponzi scheme. Some just haven’t been exposed yet.
Another died suddenly later in the story.
They’re falling like flies!......................
Surprised that the Chinese guy who runs Beyoncé is still around.
I hear the 1st Bank of Vlad is very safe.
I’m getting the impression with these crypto guys suddenly having mishaps that a cleanup operation is underway.
1968-Yuri Gargarin - "Gagarin died five weeks later when the MiG-15 training jet he was piloting with flight instructor Vladimir Seryogin crashed near the town of Kirzhach." (Wiki)
in the late 80's, Russian tour guides acknowledged the MiG was sabotaged because Yuri's popularity was a threat to leadership.
Even older:
See: Rasputin.....................
Hm, no one is stepping up to staunchly defend the crap-toe coins as would normally be the case.
Let me try to get the ball rolling here: *ahem* All cryptocoinage is authenticated so that there’s virtually NO way to counterfeit it.
Me, answering the fictitious crypto speculator: How is the money authenticated?
Crypto speculator: Electronically, of course!
It's crypt currency so it's a keeper. Gets to take it with him.
To think people mock those Egyptians for having tombs with food and pets and stuff. They were way ahead of their time. Virtual tours are real!
Poor bastard dared to criticize the Tsar?
that can be fatal in a police-state dictatorship
Putin loses more friends than the Clintons!
Nobody else can sign a transaction that can be verified by the public key derived from that private key. Every transaction sent to the miners is verified. All miners agree on verification. If any disagree they are ignored. What could possibly go wrong?
Well, the most obvious example is when you fail to protect your private key. But it's becoming more and more idiot proof. But there are always idiots that can't be mitigated. Related to that, speculators don't bother keeping private keys and put their crypto into an exchange. The exhange has the private keys. What could go wrong? Anything. When you have crypto in an exchange you own nothing. Also the exchange is a much bigger hacking target than one guy with a wallet. But there are old exchanges that have done well and are trustworthy.
What else can go wrong? 51% of the miners could collude in some way and cheat the validation or whatever. But that's only happened when poorly designed algorithms were created at ripoffs of existing algorithms. The basic bitcoin algorithm has never been hacked or compromised.
It's not "electronic". It's math vetted by superior mathematicians and agencies. The NSA might have a back door, but it's unlikely. Also the math was designed to be even more robust than normal PKI. In normal PKI everyone has the public key and theoretically the NSA or someone could reverse into a private key. But crypto only reveals the hash of a hash of the public key. You only reveal your public key when you transact. Then the miners take the hash of the hash of the public key and check it against the block chain.
The block chain is just hash of hash of public key <-> some crypto value. The value is authentic because it's in the blockchain. That's by definition. The transaction to transfer that value to someone else's hash of a hash is verified to be authentic by PKI. Like I said above PKI has been thoroughly examined and vetted, and although that doesn't rule out an NSA back door there's no evidence of a back door.
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